I've been sitting back waiting for Mr. Murphy to come back here under yet another alias. Many thought I was chased away from here but I was not. I have sat by watching the drama unfold and this stock collapse.
The truth will become evident over the next 6 months. I have no proof other than hype, misleading statements and innuendo appearing in other internet locations. BUT FWIW:
a. I wouldn't count on the Telnor deal.
b. Chase and CSGI will no longer be partners much longer since the business and contracts are not there.
c. The IBM deal in Singapore is unlikely to the degree you think it is.
d. The European investors in the private placement are extremely aggravated and will sell off as soon as the stock touches $5 again. They have been hoodwinked.
e. There is probably a conspiracy between the market makers and some large investors to drive the price down and to chase people away or punish those trying to move large amounts of stock.
f. Bob Stewart is trying to unload big blocks of shares. He can't do much now or in a few days, depending on when the company QUIET period starts for this quarter.
g. Whatever happened to the Hong Kong relative's shares?? Have they been sold off??
h. There will be a good pump and dump done real soon at the expense of many investors when they pump up the stock. Check to see if this stock has been shorted and by whom, if abybody.
i. The SEC filings are sometimes after the fact documentation or preliminary warnings that shifts in shares may have occurred or are being considered.
j. You will not see the contracts and the money to the degree you have been misled to think exists.
k. You can't sue a man for being stupid or being a poor businessman. It will be tough to prove intentional fraud or any illegal doings.
l. Even if you could sue successfully, it results in a slap on the hand for the executive management and token repayment while the lawyers take the biggest share of the settlement. The company can only pay damages to the amount they have on hand. CSGI is poor and has very poor liquidity. Bankruptcy can save them from having to litigate or payout damages.
m. The real gamblers should load up now and dump at $4 as the bastards start to pump up the stock up. Angel could be correct about $2.50 as a target price to wait for. The choice is an individual one.
o. Eventually this house of cards will collapse like 90% of a certain person's picks over the last year. I love his ZE pick. I only wish I had the sense to short that stock along with eveything else his band of nasties told us to invest in.
ATTENTION ALL FLAMERS AND PROTECTORS OF THE ORIGINAL CON ARTISTS:
Save your breath. I stated my case and will go back to "lurker" status until the events prove or disprove my comments above. No amount of verbal assaults are worth engaging in because the facts will speak for themselves when this world affair unfolds.
By the way, I did buy shares at $3 to back my theory. I will take a 33% gain at $4 when the pump occurs. Whatever money I made with the help of the Stock Swap, INTC, AMAT, MSFT, NSM, ASYT, TBR, TSO, CIEN people has been safely placed in General Motors since earlier this year. As they became negative on high technology, I sold off everything for a safe Fortune 500 stock. While everythin is down significantly GM has surprised me with more than a 20% gain.
Vest of Luck to that that take a chance. I would loike to know when it will be safe to invest in the YR2000.
A Jardy |